Foreign Investment and Growth : a Case of Selected African Economies

• Autorzy: Michael Appiah , Fanglin Li , Doreen Idan Frowne , Daniel Tetteh Donkor
• Języki publikacji: EN

Abstrakty

EN

Objective: The purpose of the study is to indicate how foreign investment impact on economic growth in some selected African economies.
Research Design & Methods: The study employed the Panel ARDL (PMG) technique to estimate the impact of foreign investment proxy as FDI net inflows on Growth measured as GDP per capita.
Findings: The results of Panel ARDL indicate that foreign investment has a positive impact on economic growth as well as a positive sign of trade openness, inflation, and labor. The study stresses that for increasing economic growth there is a need to seek more foreign investments, increase trade openness and inflation at the same time improve upon employment conditions in selected African developing countries.
Contribution & Value Added: The novelty of this research is in presenting and emphasizing the significance of FDI in some selected African countries on economic growth. (original abstract)

Słowa kluczowe

EN

Foreign investment; Emerging markets; Economic growth; Panel data

PL

Inwestycje zagraniczne; Rynki wschodzące; Wzrost gospodarczy; Dane panelowe

• Czasopismo: International Entrepreneurship Review
• Rocznik: 2019
• Tom: 5
• Numer: nr 3
• Strony: 7--18

Twórcy

autor

Michael Appiah

• Jiangsu University, China, PhD Student

autor

Fanglin Li

• Jiangsu University, China

autor

Doreen Idan Frowne

• Koforidua Technical University, Ghana, Student

autor

Daniel Tetteh Donkor

• University of Cape Coast, Ghana

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Identyfikatory

DOI

10.15678/IER.2019.0503.01